Bangkok Bank's (BBL's) lending target of 5% growth this year is reachable based on ramped-up state investment, particularly in the flagship Eastern Economic Corridor (EEC) project.
The bank's loan growth for the first half hit its target, president Chartsiri Sophonpanich said on the sidelines of "AEC Business Forum 2018: Rising City, Rising Business".
He said he was not worried about BBL's non-performing loans, as the bank has monitored and provided assistance to troubled borrowers.
As of March, the bank's gross bad loans totalled 92.2 billion baht, representing 3.8% of its outstanding loans.
Mr Chartsiri said capital outflows from Thailand are not worrisome, as Thailand's economic fundamentals are solid and the Bank of Thailand is believed to be handling the situation.
He also said Thailand will be immune to any trade war between the US and China.
Foreign investors are cashing out of the Thai stock and bond markets as they fret over the mounting tension between the world's two biggest economies after a tit-for-tat trade dispute, the US Federal Reserve's more hawkish stance to lift the policy rate four times this year, and the European Central Bank's decision to phase out its asset-buying programme at the end of the year.
Mr Chartsiri said the Asean region continues to be one of the world's most rapidly growing and dynamic markets.
Changes brought about by urbanisation and digitisation are both opportunities and challenges, he said.
The expansion of cities leads to growing demand for infrastructure, including electricity and housing, which could outstrip the existing supply and even make room for privately owned solutions.
Higher purchasing power has brought about changes in consumption patterns, resulting in rapid expansion of industries such as consumer goods, healthcare, entertainment, education and other services such as logistics and e-commerce that enhance consumer convenience.
Higher household income means higher demand for savings, investment and more sophisticated financial products.
"Asean, like for the rest of the world, is facing the inevitability of the fourth industrial revolution, in which emerging technology such as the Internet of Things, big data analytics, automation and artificial intelligence disrupts how people live and transforms global production systems," Mr Chartsiri said.
BBL shares closed Tuesday on the Stock Exchange of Thailand at 195 baht, down 2.50 baht, in trade worth 1.4 billion baht.
